Exchange Income Co. (TSE:EIF - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$62.23 and last traded at C$62.23, with a volume of 5856 shares trading hands. The stock had previously closed at C$61.69.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the stock. Scotiabank boosted their price target on shares of Exchange Income from C$64.00 to C$66.00 and gave the stock an "outperform" rating in a research note on Thursday, May 22nd. ATB Capital boosted their target price on Exchange Income from C$68.00 to C$70.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Canaccord Genuity Group increased their price target on shares of Exchange Income from C$75.00 to C$77.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. TD Securities upped their target price on shares of Exchange Income from C$68.00 to C$70.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. Finally, CIBC increased their price target on Exchange Income from C$69.00 to C$73.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Nine research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Exchange Income presently has an average rating of "Buy" and an average target price of C$70.50.
Check Out Our Latest Report on EIF
Exchange Income Stock Up 1.4%
The company has a market cap of C$3.12 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 1.42 and a beta of 2.04. The firm has a 50-day moving average price of C$55.91 and a 200 day moving average price of C$53.96. The company has a debt-to-equity ratio of 173.72, a current ratio of 1.76 and a quick ratio of 1.13.
Exchange Income Company Profile
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Get Free Report)
Exchange Income Corp is a diversified acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets.
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